Business ethics

Subdecks (1)

Cards (66)

  • Belief system
    Filipino values system
  • Employee-employer relationship
    • Profit increased motivation and production which results to excellent benefits
    • Strong employee-employer relations benefits employees too
    • Having a good relationship with your employer provides a positive identity for an employee
    • Strong employer-employee relationship builds morale
  • Employer-employee relationship
    • The relationship form contributes to the success of the company
    • When employers build good relationship with employees, it leads to more motivated and productive, committed to their job thus it increases production and better quality of work
  • Employer-employee relationship
    • Employer-employee relationship refers to the relationship between employer and employees in an organization
    • According to Dale Yoder, the term employer-employee relations refer to the whole field of relationships among people, human relationship that exist because of the necessary collaboration of men and women in the employment process of modern industry
  • Factors held responsible for poor employer-employee relations
    • Economic Causes
    • Psychological Causes
    • Organizational Causes
    • Political Causes
  • Economic Causes
    • Include unauthorized deduction from wages, absence of promotional opportunities, lack of fringe benefits, dissatisfaction with job evaluation and performance appraisal methods and faulty incentive schemes
    • Industrial peace is disturbed when employers deny equitable and fair remuneration and good working and living conditions to the working environment which agitates trade unions
  • Psychological Causes
    Reasons for unsatisfactory employer-employee relations include lack of job security, non-recognition of merit and performance, authoritative administration, poor organizational culture and poor interpersonal relations
  • Organizational Causes
    Faulty communication system, non-recognition of trade union, unfair practices, violation of collective agreements, dilution of supervision and command, may cause poor relations between employers and employees in the industry
  • Political Causes

    • Extremely political nature of trade unions, creation of multiple trade unions and emergence of rivalry among these unions made weaker bargaining position
    • When employees feel that their contributions are undervalued or that they are not receiving credit for their work, they are less likely to feel motivated to perform at their best. In addition, a politicized environment can lead to a lack of trust and a breakdown in communication between colleagues and teams
  • Guiding Principles for a Sound Employer-Employee Relations
    • Sound Human Resource Policies
    • Constructive Attitudes
    • Collective Bargaining
    • Participative Management
    • Employee Welfare
    • Grievance Procedure
  • Sound Human Resource Policies
    An organization with a clear and transparent human resource policies of compensation, promotion, transfer create better employer-employee relations than those who do not disclose clear policies to its staff and top management
  • Constructive Attitudes
    Organizations with harmonious employer-employee relations adopt positive attitudes towards each other
  • Collective Bargaining
    • Is the process in which working people, through their unions, negotiate contracts with their employers to determine their terms of employment, including pay, benefits, hours, leave, job health and safety policies, ways to balance work and family, and more
    • Example: a pay increase or change in working hours
  • Participative Management
    • If the management of the company provides opportunities to employees to participate in policy formulation and human resource activities provides the employees a sense of belongingness to the organization
    • The element of belongingness provides confidence on their employers and easier to win employee s loyalty resulting to better production process
  • Employee Welfare
    • Employers should recognize the need for the welfare of employees. They should ensure reasonable wages, satisfactory working conditions, opportunities for training and development
    • Seeks to address the overall quality of work life for individuals within an organization. It includes various initiatives aimed at improving physical, mental, and financial well-being, creating a supportive work environment
  • Grievance Procedure
    • Employer-employee relations can be made better if they adopt simple and faster grievance redressal procedures
    • A formal way for an employee to raise a problem or complaint to their employer
  • 5 Characteristics of Employer-Employee Relationship
    • Mutual Respect
    • Mutual Reliance
    • Openness and Communication
    • Support
    • Gratitude
  • Mutual Respect
    • Is about everyone being valued for who they are and what they bring to the table. It involves seeing people's unique contributions, recognizing and understanding differences, and celebrating diversity – but also capitalizing on common ground
    • Leaders need to give honest feedback, constructive criticism, and employee appraisal
  • Mutual Reliance
    • The employer relies on the employee to do their job well for the benefit of the business
    • Employees expect on the employer to treat them fairly and pay them equitably
  • Openness and Communication
    • Openness and transparency are the key to healthy working environment
    • Example: Open communication is when senior managers and other workers in an organization express their ideas, issues, and thoughts with one another in a steady, honest, transparent, and reliable manner
    • Employers may create a forum of openness and honesty by asking employees about their lives, families, and interest
  • Support
    • Employers want their employees to reach their full potential and recognize their capabilities. When natural abilities are left behind and stagnate this will cause boredom and frustration to employees
    • Supporting employees help then spread their wings and fly away to new job when the time comes
    • On the other hand, employees should be willing to show support for the company's welfare and progress by sacrificing their time from time to time
  • Gratitude
    • Showing appreciation to your employees, your colleagues, and yes, even your superiors, not only strengthens relationships and enhances workplace culture but has a positive impact on performance. Beyond being polite, gratitude is also powerful
    • When employees receive little or no appreciation it may cause them to feel frustrated and apathetic with their work which results to unproductiveness
  • 9 Tips To Build a Healthy Work Relationship With Employees
    • Braja
    • Deepon
    • Roy
    • Bond of Trust
    • Merge the Gap with Communication
    • Appreciate your Employees
    • Be Friendly to your Employees
    • Respect your Employees
    • Implement Autonomy
    • Show Value, Be Empathetic
    • One to One Interactions
    • Have a Learning Attitude